日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China extends gold-buying streak despite price surge

By Zhou Lanxu | chinadaily.com.cn | Updated: 2026-02-07 17:10
Share
Share - WeChat

China's official gold reserves rose in January despite an increase in gold prices, extending a 15th consecutive month of buying streak, as the country continued to diversify and optimize its international reserves, official data showed on Saturday.

Gold reserves stood at 74.19 million ounces at the end of January, up 40,000 ounces from a month earlier, the State Administration of Foreign Exchange said on Saturday.

The latest gain followed a cumulative net increase of 860,000 ounces in 2025, after the central bank resumed gold buying in November 2024.

Wang Qing, chief macroeconomic analyst at Orient Golden Credit Rating, said the continued, measured accumulation amid record-high global gold prices signals an effort to improve the composition of China's official reserves.

By the end of 2025, gold accounted for about 9.7 percent of China's official reserves — still below the global average of around 15 percent, Wang said, adding that short-term gold price volatility is unlikely to materially affect China's central bank's overall trend of boosting gold reserves.

The World Gold Council said in a recent report that while the central bank may have tactically adjusted the pace of gold purchases as prices surged, China's continued buying reflects a strategic push toward greater diversification of its expanding international reserves.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE